VSquad is partly funded through Progress - a 'Building Better Opportunities' programme funded through Big Lottery Fund and European Social Fund.

Progress aims to support some of the most marginalised young people across Coventry and Warwickshire. At least 840 young people (aged 15-25 years) who are unemployed, economically inactive, NEET (Not in Education Employment or Training) or at risk of NEET will be supported into or towards employment, training, or education.